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Repair and maintenance of electrical equipment

Current registrations 634division 33: 7,275
Starters, 12 months 7211.4 per 100 · Belgium 8.9
Bankruptcies, 12 months 57.9 per 1,000 registrations · Belgium 6.2
Employment (FTE) 13017 employers · latest accounts
Median age 5.5 yearsBelgium 8.1 years
E-invoicing via Peppol 92.6%587 of 634 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 33140 · financial year 2025 · 186 filed annual accounts
Median solvency
41.5%
division 42.3% · Belgium 46.1%
Median net result
€14,305
division €22,480 · Belgium €16,492
Median equity
€50,244
division €102,323 · Belgium €98,323
Loss-making
18.4%
division 18.7% · Belgium 26.7%
Negative equity
8.6%
division 7.7% · Belgium 12.4%
Median return on equity
24.7%
division 20.7% · Belgium 15.9%
Median liquidity
1.74
division 1.66 · Belgium 1.66
Filed late
50.5%
financial year 2024, 186 filings · division 39.1% · Belgium 38.4%
Missing or 90 days late
8.0%
of 213 companies with annual accounts · division 4.8% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 37.3%38.1%35.7%36.5%40.1%41.5%
Median net result €10,936€12,338€19,068€16,136€13,336€14,305

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies

Bankruptcies, 5 years, still registered
14
2.21% of the registrations · Belgium 1.68%
Running bankruptcies
17
26.8 per 1,000 registrations

Recent bankruptcies

Date Company
23-10-2026 RAKMANI SUNRISE
BE 0798.479.650
12-08-2026 TECELEC
BE 1003.625.346
26-05-2026 Eeckhout, Bart
BE 0540.883.084 · sole trader · Affligem
26-05-2026 Colins, Motale
BE 1014.386.903 · sole trader · Sint-Niklaas
22-12-2025 LD ELECTRICITE GENERALE
BE 1003.908.131
06-10-2025 MUNAN INVEST
BE 0805.036.355
16-09-2025 Leroy, Christophe
BE 0700.498.069 · sole trader · Seraing
04-10-2024 Catana, Robert
BE 0650.604.338 · sole trader · Ostend

Every bankruptcy in division 33, last 90 days

Spread across the country

by region and province · 308 of 634 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 158 · 51.3%
  • Wallonia 115 · 37.3%
  • Brussels 31 · 10.1%
  • Abroad 4 · 1.3%
fewer moremax 44

Largest employers

NACE 33140 as first main activity · staff from the latest accounts
  1. 1 NovAcec ServicesCharleroi 44.9 FTEfinancial year 2025
  2. 2 MS.GROUPAsse 18.7 FTEfinancial year 2025
  3. 3 LMFHerk-de-Stad 7.4 FTEfinancial year 2025
  4. 4 CORETEC MAINTENANCELiège 6.6 FTEfinancial year 2022
  5. 5 Tech 4 TasteWommelgem 6.5 FTEfinancial year 2025

Joint committees

from the latest accounts of 46 companies
  • 149.01 Electricians: installation and distribution 19
  • 200 Auxiliary committee for white-collar workers 15
  • 209 White-collar workers in metal manufacturing 7
  • 111 Metal, mechanical and electrical engineering 6
  • 201 Independent retail 6
  • 149 Sectors related to metal, mechanical and electrical engineering 5
  • 124 Construction 3
  • 149.04 Metal trade 3

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Division 33: Repair and installation of machinery

Related activities

8 other activities

Bankruptcies per year in division 33

Per year201520162017201820192020202120222023202420252026
Bankruptcies301930253624234249716445
Jobs lost1783119170786258135108413188148

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Staff cost per FTE in NACE division 33

460 employers
Median
€69,300
Belgium €61,400
Middle half
€56,000 to €83,300
half of the employers lie between
Place among sectors
28 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €65,600 €51,400 to €78,900 282
10 to 49 FTE €74,700 €63,000 to €84,900 144
50 to 249 FTE €80,800 €68,600 to €94,100 30

Running bankruptcies in the sector

NACE division 33
Number
99
Half have run longer than
26 months
Belgium: 20 months
Longer than three years
36%
Belgium: 31%

Measured nationally: Of 108,651 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn. After five years, 20% were still open. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).

This counts companies with this main activity in the register on 10 November 2026. The outcome itself is not measured by sector. The activity of a company that leaves the register after its bankruptcy is too often not kept to compare closed cases fairly.

Outcome by court and division

26 of the 3,779 companies in NACE division 33 have a parent company abroad. Main parent countries: Germany (4), Luxembourg (4) and Netherlands (4). Together they employ 2,126 of the division's 9,966 FTE: 21%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €35.6m awarded 670 recipients · 2022 to 2025 · largest: Subsidies voorschoolse kinderopvang
  • Federal transfers 379,839 amount as published 1 recipient · 2023 · largest: Toelagen in kader van de oproep tot projecten betreffende de energietransitie.
  • EU budget €11.2m attributed share 7 recipients · 2021 to 2025 · largest: Linked to buildings
  • EU research €6.3m EU contribution 9 recipients · 2017 to 2026 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Repair and maintenance of electrical equipment

Balance sheet and result. Return on equity of 24.7% is above Belgium's 15.9%. 18.4% of the annual accounts close with a loss, against 26.7% in Belgium. 8.6% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. The median bankruptcy probability of 1.0% is above Belgium's 0.2%. In 12 months, 7.9 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 78% of the 88 NACE divisions.

Inflow and structure. Wallonia holds 37.8% of the seats, against 22.7% in Belgium. Half of the companies are younger than 5.5 years, against 8.1 years in Belgium. In 12 months, 11.4 of 100 companies started, against 8.9 in Belgium. That is more than in 86% of the 87 NACE divisions.

Staff and filing. 50.5% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 84 of the 130 FTE: 64.8%.

Direction. Median solvency rose from 37.3% in financial year 2020 to 41.5% in financial year 2025. The median net result rose from €10,936 in financial year 2020 to €14,305 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 10-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 33140 exists.

The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.

The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,421 companies with a main activity, because only those belong to a division. The other 699,557 registrations publish no activity.

Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.